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The 1921 silver dollar transition represents a pivotal moment in numismatic and American history.On January 1, 2021, Numismatic Guaranty Corporation® (NGC®) will begin offering a new Special Label for bulk submissions of 1921
Morgan dollars and
Peace dollars to commemorate the centennial transition in America's silver dollar coinage.

1921 Morgan dollar and 1921 Peace dollar, both with the NGC 1921 Morgan dollar and Peace dollar Special Label.The
Morgan dollar — named for George T. Morgan, the US Mint engraver who designed it — became the standard unit coin in 1878.
Morgan dollar production was suspended in 1904 when silver reserves were depleted. In 1921, however,
Morgan dollar production resumed with entirely new master dies.
Following the war, numismatists petitioned for a new silver coin design to memorialize America's hard-won victory. The
Peace dollar, designed by Anthony de Francisci, was chosen as the
Morgan dollar's replacement and minting began in December of 1921.
This transition represents a major moment in our country's numismatic and national history. While the
Morgan dollar symbolizes the industrialization of the 19th century, the
Peace dollar heralded America's growth as a global power and the time of peace ushered in after the war.
The 1921 Morgan and
Peace dollar Special Label (#1559) will be available for bulk submissions only for no additional fee through December 31, 2021.